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MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the ...
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1046 Hits

‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Dumps Gold, Says He’s Now Loading Up On Bitcoin

The author of "Rich Dad Poor Dad" Robert Kiyosaki says he has stopped buying gold after respected gold bull Dennis Gartman Withdrew his investment from the shiny rock. According to Robert, Dennis says the price of gold has peaked and there is no more profit to be made from it. Instead, he is now investing in silver and gold as alternative investmen...
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935 Hits

Bitcoin Is Officially Money, Says U.S. Federal Court: Why It’s Not a Big Deal

 In the United States, occasionally, court decisions set a precedent for future interpretations of the law. Due to such circumstances, Bitcoin just became officially considered "money" under a US federal court ruling. However, the Director of Communications at a leading non-profit focusing on cryptocurrency policy, says this is not a big deal....
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642 Hits

Bakkt Announces Sept. 23 Launch of Futures and Custody Platform in US

Bakkt has announced the coming launch of its much-anticipated platform for daily and monthly futures in the United States in a blog post on Aug. 16. Having received approval from the necessary regulators, the launch is scheduled for Sept. 23. Bakkt's physically delivered futures have been the subject of a great deal of anticipation, with the compan...
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2306 Hits

THE NEXT ‘MASSIVE’ BITCOIN RALLY WILL BE DRIVEN BY THESE 7 FACTORS

With BTC price consolidating, the brakes on this current bull run seem to be on. But that can only be a temporary stop. With global conditions fuelling the need for an alternative financial system, the next Bitcoin bull run will be epic.
THE NEXT BITCOIN BULLRUN WILL BE FUELED BY THESE 7 FACTORS Co-founder of Interchange, Dan Hedl put out an interesting tweet in which stated that the next Bitcoin bull run will be "massive" due to at least seven major factors, including geopolitical forces creating the perfect storm for Bitcoin. Let's break down each one. 1. $10T+ NEGATIVELY YIELDIN...
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US Cryptocurrency Exchange ErisX Receives License for Crypto Futures

 Chicago-based crypto exchange ErisX has procured a derivatives clearing organization (DCO) license from the United States Commodity Futures Trading Commission (CFTC). According to an official blog post on July 1, ErisX is planning to make digital asset futures contracts available for trade on its regulated derivatives market later this year v...
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1315 Hits

US Lawmakers Urge Trump Advisor Larry Kudlow: Adopt Blockchain!

Regulation has been a hot topic for years in the crypto sphere. Some say increased regulation will lead to mass adoption (and therefore higher prices). Others say it hinders the freedom blockchain and Bitcoin were founded upon. Regardless of these opinions... the fact is that regulation is coming, and fast. A group of U.S. lawmakers from both sides...
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1203 Hits

US CFTC Approves LedgerX’s Application for Designation As Contract Market

The United States Commodity Futures Trading Commission (CFTC) has approved the application of LedgerX LLC for designation as a contract market, according to an announcement publishedon June 25. LedgerX — a U.S.-based regulated crypto derivatives and clearing platform — can operate as a designated contract market (DCM) as of June 24, 2019. The compa...
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1507 Hits

I am a time-traveler from the future, here to beg you to stop what you are doing.

I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands. If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be. I don't want to waste any of your time, so I'm merely going to explain what happened. On average, every year so far, th...
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905 Hits

Bitcoin and other cryptocurrencies are useless

For blockchains, the jury is still out
AN OLD saying holds that markets are ruled by either greed or fear. Greed once governed cryptocurrencies. The price of Bitcoin, the best-known, rose from about $900 in December 2016 to $19,000 a year later. Recently, fear has been in charge. Bitcoin's price has fallen back to around $7,000; the prices of other cryptocurrencies, which followed it on...
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980 Hits

What’s the difference between Bitcoin and Ethereum?

For the vast majority of the past 2 years, the 2 highest ranked cryptocurrencies (by market cap) were Bitcoin and Ethereum. But though they share many similarities, there are also huge fundamental differences between these 2 giants in the crypto world. Especially for beginners, these differences might not be immediately apparent, which is why this ...
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1643 Hits

Global Recession Imminent Warns Morgan Stanley — Good News for Bitcoin?

On May 5, 2019, US President Donald Trump announced increased trade tariffs on goods imported from China. At that time tariffs of 10 percent had been defined for approximately $200 billion worth of goods. These tariffs increased to 25 percent on May 10. Based on Trump's comments, a 10 percent tariff on another $325 billion dollars worth of imported...
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1289 Hits

Microsoft is using Bitcoin's blockchain for its new decentralized ID tool

 Microsoft has taken its first major step into the world of decentralization by building an identity tool upon the Bitcoin blockchain… According to Coindesk, Ion, an open source project of Microsofts, has been under construction for around a year and focuses on network communication and validation. The project will look to enhance decentralize...
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1126 Hits

Blockchain Technology Pros & Cons

We constantly read about blockchain technology either as a savior, or as a curse. There are a wealth of pros and cons to consider when it comes to the blockchain, as with any new technologies. This isn't a bad thing. It's beneficial to highlight drawbacks to that innovation can take over. Yes, blockchain does boast some bad factors, thankfully thou...
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1059 Hits

Yelp’s Bitcoin Filter Could Kickstart Weak Crypto Adoption

Merchants and consumers are seeing rising demand for crypto. | Source: (i) Shutterstock (ii) Shutterstock; Edited by CCN
By CCN: As bitcoin's price experienced a surge this week, it seems merchants and consumers are more interested in crypto than ever. Local-search company Yelp has joined the pact by reportedly adding a filter to help users find merchants that accept cryptocurrency. No matter if you're looking for a burger bar, dog groomer, or any other kind of busin...
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1121 Hits

eTrade Would Integrate Bitcoin And Ethereum To Allow Users Trade These Digital Assets

According to a recent report released by CryptoSlate, New York Times journalist Nathaniel Popper, eTrade will be integrating Bitcoin (BTC) and Ethereum (ETH). eTrade is a major financial asset and stocks exchange. This would allow many investors to have access to the two largest digital assets in the market. eTrade Adds Support for BTC and ETH Popp...
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1631 Hits

Afghans Look to Sovereign Crypto Bond to Raise $5.8 Billion for Economy

Afghanistan is planning to jumpstart its ailing economy with a blockchain-based sovereign crypto bond. The announcement to attempt a cryptocurrency solution to three decades of economic turmoil came at a meeting of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) in Washington recently. According to the Cent...
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994 Hits

Moon Crypto Payment Project Enables Users to Shop on Amazon via Bitcoin’s Lightning Network

Amazon And Other E-Commerce Websites Can Now Use Bitcoin With The Lightning Network Retail customers are one of the biggest groups of people that use Bitcoin, but mass adoption is still far away. Though there have been many merchants that have been progressive enough to adapt their systems to accept Bitcoin, a crypto payment processing startup deci...
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1469 Hits

LedgerX Reveals Bid to Beat Bakkt to Physical Bitcoin Futures Launch

 Cryptocurrency derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts. The company announced Monday that it has filed for a designated contract market (DCM) license, which would allow LedgerX to offer physically-settled bitcoin futures products to its customers. Unlike the cash-s...
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1101 Hits

What is Bitcoin? A Complete Beginner’s Guide

Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see. Bitcoin gives you complete control of your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more popularity, more and more p...
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1419 Hits
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